Navi Mumbai: India's Next Big Premium Residential Locality - Page 2

Navi Mumbai: India's Next Big Premium Residential Locality

By siliconindia   |   Thursday, March 28, 2013   |    1 Comments

Moreover, a six-lane picturesque Palm Beach Road is an up-market residential and commercial that connects Vashi, which was once a sparsely populated area.  The up-market status of this area is due to its affluent extension that connects various parts of Navi Mumbai and also it is in close proximity to the planned airport, the Navi Mumbai SEZ and Mumbai Trans Harbour Sea Link.

Home buyers who want to enjoy the luxurious stay away from crowded city life, Palm Beach Road is the best option, remarked Madhur Panghaal, a city-based real estate agency Sky Properties.

Samudra Bhuyan, a city-based businessman stated that "The biggest draw was good roads. It makes commuting hassle-free.” He further said that availability of apartments at affordable pricing is the main demand driver in this area followed by outstanding scenic views, reports Business Standard.

Palm Beach Road in Navi Mumbai has become a premium address for people. "One side is completely open with the sea front; that beautiful view will remain intact," said Ashutosh Limaye, head of research and real estate intelligence services at Jones Lang LaSalle.

Also Read: A Quick Home Buying Guide for Women

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